ISEQ up as Elan soars

The ISEQ continued to perform well today, closing up 54.97 points at 5321.71.

The ISEQ continued to perform well today, closing up 54.97 points at 5321.71.

Pharmaceutical company Elan didn’t disappoint, climbing €1.00, or 6.3%, to close at €16.90, with most of the increase coming about in morning trading.

It was generally a good day for the financials, with Anglo Irish Bank closing up 21c, or 1.6%, at €13.20.

AIB closed up 16c at €12.59, with Bank of Ireland also gaining, closing up 9c at €10.68.

Irish Life & Permanent, however, was down 5c at €12.35 at close of play.

It was a good day in the construction sector also, with Heiton closing up 20c (3.3%) at €6.30, and CRH showing a gain of 12c to end the day at €18.20.

Trinity Biotech announced results for the quarter to end June this year. While revenues were up, gross profits were down. This was reflected in a drop in share price to €2.40, down 18c.

Kerry was also a loser, down 12c to finish at €17.20.

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